Category Archives: News

Energy Efficiency – MIIT releases “Green Industry Development Special Action Plan”

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MIIT action plans calls for a 4 million ton reduction in coal consumption in 2015 and places particular focus on controlling harmful emissions in the Beijing-Tianjin-Hebei and Yangzte River Delta regions, with overarching sulfur dioxide, nitrogen oxide, VOC and dust control targets. Test projects in these regions will be used to establish national targets. The plan also calls for a national industrial energy conservation monitoring platform covering more than 2000 energy intensive enterprises.  The MIIT’s latest policy release builds upon a series of emission and energy efficiency related targets, particularly for energy intensive industries like steel and cement. A major obstacle in the implementation of these plans will be the need to decide whether or not upgrades or shut downs are merited at manufacturing sites in industries facing significant overcapacity and an uncertain business climate. (MIIT CN)

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The challenges for Chinese FDI in Europe

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Columbia FDI Perspectives is an occasional series of perspectives on important and topical foreign direct investment issues.

The Columbia Center on Sustainable Investment seeks to promote a robust and wide ranging exchange of perspectives in the FDI area. Accordingly, the opinions expressed by individual authors through the Columbia FDI Perspectives do not necessarily reflect the opinions of Columbia University or its partners and supporters.

http://ccsi.columbia.edu/publications/columbia-fdi-perspectives/?utm_source=CCSI+Mailing+List&utm_campaign=9b272c772c-Perspective+142&utm_medium=email&utm_term=0_a61bf1d34a-9b272c772c-57397749

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Double Impact: Why China Needs Coordinated Air Quality and Climate Strategies

A woman rides her bicycle past the chimneys of a power station located on the outskirts of Beijing

Written by Valerie Karplus, an Assistant Professor in the Global Economics and Management Group at the MIT Sloan School of Management and the Director of the MIT-Tsinghua China Energy and Climate Project, this paper examines China’s current approach to tackling air pollution and carbon mitigation nationally and argues that more incentives are needed if China hopes to meet its “peak carbon” goal by 2030.

You can find the full article here: (http://globalchange.mit.edu/CECP/publications/latest/2879)

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The integration of Chinese and European renewable energy markets: The role of Chinese foreign direct investment

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A new scientific article published on Energy Policy Journal. The integration of Chinese and European renewable energy markets: The role of Chinese foreign direct investment
by Ping Lv, Francesca Spigarelli

In the renewable energy (RE) sectors, foreign direct investments are becoming an important mean of regional integration between China and Europe, as a result of the combined effect of Europe–China dialog on energy issues; Chinese energy policy; and Chinese Go Global policy.

Using a firm level data set from the Chinese Ministry of Commerce, we perform an analysis on location choice by Chinese RE firms from 2004 to 2013, within Europe. We depict a map of “where to where” (home province vs. host country) and “who to where” (firm level characteristics vs. host country), to find out how characteristics of home and host regions affecting the integration of Chinese and European RE markets.

Main results are the following. Investment pairs in RE sectors reflect a duality: firms tend to seek countries with similar institutional environment, compared with their origin regions. Countries with weak and immature institutions are attractive for immature and inexperienced Chinese firms.

Main features of Chinese investors are the following: private, non-listed firms, entering through greenfield, focusing on sales. Market-seeking investors tend to enter countries with both well-developed institutional environment and industry development base. R&D-oriented investments are more likely to flow to countries with well-developed institutional environment.

http://www.sciencedirect.com/science/article/pii/S0301421515000610

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China’s GDP – 2015 Target and Outlook

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China just released preliminary 2014 gross domestic product (GDP) results. At 7.4% they missed their annual target (7.5%) by a mere breath – not a huge deal practically, but significant symbolically. More important is the composition of this growth. Consumption is playing a bigger role, as investment falls from former growth rates. Services activity continues to rise relative to heavy industry. These are positive signs. Beijing is whispering a 2015 GDP target to friends and thought leaders: the number we are hearing – 7% “or thereabout” – would reflect doubling-down on nascent reforms. We extrapolate the most likely pattern of 2015 expenditure growth to see what 7% growth on top of the 2014 base would look like. This target portends one trillion dollars in new Chinese activity at the margin on top of 2014 output. Ask yourself: where will that come from?

http://rhg.com/notes/chinas-gdp-2015-target-and-outlook

 

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China’s Global Outbound M&A in 2014

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With more than $50 billion worth of completed deals, Chinese firms continued to be an important driver of global mergers and acquisitions (M&A) activity in 2014. However, anticipation of a different growth model and more liberal outward investment policies have affected Chinese buying behavior and deal structures. This note reviews China’s global outbound M&A activity over the past 12 months, focusing on five trends that are most relevant for intermediaries and policymakers.

http://rhg.com/notes/chinas-global-outbound-ma-2014-recap

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CALL FOR PAPER: BORN TO BE GREEN

Call for papers:

BORN TO BE GREEN: THE ECONOMICS AND MANAGEMENT OF GREEN START-UPS

Southampton Business School, Southampton, UK

21-22 May 2015
*Extended abstract deadline: 10th April 2015

Keynote Speakers:

– Prof. David Audretsch (Indiana University)
– Prof. Massimiliano Mazzanti (University of Ferrara)
– Panel moderator: Prof. Marco Vivarelli (Catholic University of Milan)

Special issue:
Papers from the workshop will have an opportunity to get published in a special issue of the Small Business Economics journal after following the journal’s usual refereeing procedures.
PhD students are also encouraged to submit their extended abstracts/papers and will be considered for the “Best PhD Paper” award.

Theme:

While there is a near consensus in the literature that entrepreneurship has a positive impact on the economy, very little is known about the role of entrepreneurship and start-ups in the realm of environment. This workshop, funded by the ESRC, British Academy of Management and University of Southampton, aims to bring together researchers to present and discuss their recent results in relation to “Green Start-ups”.

green_startups_workshop_call_for_papers

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1st Knowledge Transfer event on “China’s Environmental Challenges”

The first Poreen’s Knowledge Transfer event on “China’s Environmental Challenges” will take place in Macerata, on Friday November 7th 2014.
The event will include several speaches by Experienced Researchers and Early Stage Researchers belonging to the Economic Area.

They will have talks on the state of the art of Research activities within Poreen in the Economic perspective: the Engineering and Legal point of view will be presented, as well.

After the event,  ppt presentations and videos of the speaches will be available on Poreen website.

Brochure in English and Chinese

locandina_spigarelli cinese

China Center 2014 inglese

 

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